Bank, on a loan granted by it in pursuance of the framework-agreement for financial co-operation entered into on the 25th day of November ... this item, "purchase of capital plant and machinery" includes the purchase of such capital plant and machinery under a hire-purchase agreement or a lease
adapted to carry not more than six passengers excluding the driver for hire or reward; (26) motor car means any motor vehicle other than ... hire-purchase, agreement, or an agreement of lease or an agreement of hypothecation, the person in possession of the vehicle under that agreement; (31) permit
authorises the imposition of,-- (a) a tax on the sale or purchase of goods declared by Parliament by law to be of special importance ... aspects of the tax on the delivery of goods under a hire-purchase agreement or any other system of payment by installments, as well
respondent, Sudhir Mehra, partner of a partnership firm, entered into a hire purchase agreement with the appellants on 3.5.1994 whereunder a motor vehicle was handed ... hire purchase confers no title on the hirer, but a mere option to purchase on fulfilment of certain conditions. But a contract of hire purchase
Vehicles Act, 1988
51. Special provisions regarding motor vehicle subject to hire-purchase agreement, etc. - (1) Where an application for registration of a motor vehicle ... person holding a vehicle under a hire-purchase agreement shall make any alteration to the vehicle except with the written consent of the registered owner
interest, in 60 equal monthly hire charges of
Rs.4,604/- each. Clause 2.1 of the Hire-Purchase
Agreement provides for payment of the hire ... hire-purchase system or leasing
system was contrary to the interest of the society.
Referring to Clause 25 of the Hire-Purchase
Agreement dealing with
acknowledges to have conveyed goods and subsequently
purports to hire them under a hire-purchase agreement is not
estopped from proving that the real bargain ... acknowledges to
have conveyed goods and subsequently purports to hire them
under a hire-purchase agreement is not estopped from proving
that the real bargain
relation to a motor vehicle which is the subject of a hire purchase agreement, the person in possession of the vehicle under that agreement ... another person at any time and in any public place for hire or reward, whether in pursuance of the terms of a contract or agreement
letting or delivering of any goods to a hirer under a hire-purchase agreement as defined in clause (c) of section 2 of the Hire
does not pass as moveables. Though practically the purchaser in a hire-purchase agreement gets the goods on the date of the hire-purchase